44 W Washington AveSalt Lake CityUT84107
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Salt Lake City at 44 W Washington Ave, Salt Lake City, UT, 84107 priced at $498,000 converts $2,807/mo rent into after a $2,437/mo obligation. Total monthly income equals $2,807/mo. Return on cash invested prints 19.1% in year one, and rental yield reads 6.76% against a $498,000 entry. Equity gained on principal adds $3,214/yr, while 5% annual appreciation compiles into $137,588 by year five. Five-year ROI reaches 98.07% and total cumulative return in cash sums $161,896. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,807/mo property income covering a $2,437/mo payment, not borrower’s personal income.
Single Family
Built in 1954
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84107, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,789 (100%) |
| Owner Occupied HU | 7,299 (38.8%) |
| Renter Occupied HU | 10,112 (53.8%) |
| Vacant Housing Units | 1,378 ( 7.3%) |
| Median Home Value | $561,327 |
| Average Home Value | $606,922 |
Housing Distribution
Address Breakdown
Residential
16,549
Single Family
11,707
Multi-Family
4,842
Businesses
2,220
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Listed by: Steve M Ward • Spark Realty, LLC
Mls Name: UtahRealEstate.com
Mls ID: #2133562